# Zolve Innovations

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zolve-innovations

- Industry: Financial Services
- Headquarters: Roseland, US
- Website: www.zolve.com
- Total disclosed funding: $106M
- Latest round: Series B (Mar 11, 2025)
- Investors on record: 13

## About

Zolve Innovations, Inc. is an operational excellence company based in Houston, US, focusing on innovative solutions that enhance efficiency and user experience for businesses across various sectors.Founded in 2020 by Alex Klaff and Raghunandan G, Zolve Innovations, Inc. specializes in developing solutions that streamline operational workflows. The company has executed six deals to date. Their latest funding round was a Series B investment led by Creaegis, raising USD 50.75 mn and bringing the total amount raised to USD 50.75 mn, with a current valuation of USD 163.11 mn.Zolve Innovations, Inc. specializes in a variety of core products designed to tackle challenges faced by its clientele, which includes small to medium-sized enterprises (SMEs) and large corporations. Their offerings, including proprietary software solutions, aim to improve operational efficiency, enhance productivity, and boost customer engagement. The company actively markets its solutions across North America, Europe, and parts of Asia, addressing the needs of industries such as technology, healthcare, and finance.In 2022, Zolve Innovations, Inc. reported a revenue of USD 6,832,730.40, with an EBITDA of USD 70,119. Their revenue model includes direct sales and subscription services, enabling clients to choose tailored licensing agreements or tiered subscription plans that best fit their needs.Zolve Innovations, Inc. plans to leverage recent funding to support the development of new products aligned with market trends, although specific launch dates are not mentioned. The company aims to expand into new geographic regions, specifically targeting additional markets in Asia by the end of 2024. Recent funding from Sparta Group will be used to enhance product development and facilitate this expansion.

## Funding rounds

- Series B, Mar 11, 2025, $51M — Accel, Lightspeed Venture Partners, GMO, HSBC Bank, DST Global, Sparta Group, SBI Investment, DG Daiwa Ventures, Creaegis
- Series A, Oct 26, 2021, $40M — Accel, Lightspeed Venture Partners, Tiger Global Management, Alkeon Capital Management, DST Global
- Seed, Feb 17, 2021, $15M — Accel, Lightspeed Venture Partners, Founder Collective, Blume Ventures

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Seed, Series A, Series B
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Seed, Series A, Series B
- Founder Collective (https://capitalatlas.ai/funds/founder-collective) — Seed
- Blume Ventures (https://capitalatlas.ai/funds/blume-ventures) — Seed
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series A
- Alkeon Capital Management (https://capitalatlas.ai/funds/alkeon-capital-management) — Series A
- DST Global (https://capitalatlas.ai/funds/dst-global) — Series A, Series B
- GMO (https://capitalatlas.ai/funds/gmo) — Series B
- HSBC Bank — Series B
- Sparta Group — Series B
- SBI Investment (https://capitalatlas.ai/funds/sbi-investment) — Series B
- DG Daiwa Ventures (https://capitalatlas.ai/funds/dg-daiwa-ventures) — Series B
- Creaegis (https://capitalatlas.ai/funds/creaegis) — Series B